Nintendo denied that profit margins on its new Switch model will increase when compared with the current version. Which costs $50 less. The Kyoto-based video gaming giant said claims that its profit margin from the new device will increase.
Compared with the original Switch are incorrect, according to a statement on its Twitter account. The company also added that it has no plans to launch any other model. Apart from the one featuring a 7-inch OLED screen scheduled to be released in October.
Some analysts had previously estimated that upgrades to the new Switch will cost about $10 more per unit to produce. That would mean Nintendo could earn higher profits after pricing the new model at $350. A significant upgrade from the current $300 device.